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NOTE: Switch Reward Card DAO LLC is hosting a copy of the Switch DGF Lite paper on behalf of the DGF. The Switch Distributed Governance Framework (DGF) governs the Switch Blockchain. Switch Reward Card DAO LLC is making this Lite paper available for informational purposes on behalf of the DGF.

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Important Notices

Digital Assets and Custody are provided by Fortress Trust LLC, Ibanera LLC and Vault IST DMCC. Fortress Trust, Ibanera LLC amnd. Vault IST DMCC are not insured depository institutions or banks. Digital assets are not legal tender, are not insured by the Federal Deposit Insurance Corporation (“FDIC”), and are not subject to protections afforded to bank deposits. Digital assets are subject to extreme price volatility and may lose value. Digital assets held in your digital asset account (i.e. rewards wallet or trade wallet) are not insured by any governmental entities, including but not limited to FDIC. As with any asset, the value of digital assets can go up or down and there can be substantial risk that you lose money buying, selling, or holding, in digital assets. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. No bank guarantee and may lose value.

Switch Nodes and the Switch Blockchain are governed by a Distributed Governance Framework, which is distinct from and not controlled by Switch Reward Card DAO LLC (Switch Reward Card). Any value derived from Switch Nodes and Switch Rewards is likely to be uncorrelated with the success or failure of Switch Reward Card.

Switch Reward Card does not sell digital rewards. The Switch Blockchain, which is governed by Switch Node owners, self-governs the distribution of Switch Rewards. Switch Rewards are earned in exchange for work and action on the Switch platform. Switch Rewards are digital rewards designed to have utility on the Switch platform for the purchase of Switch’s products and services. Switch Rewards is not an investment product and may never have any value outside of the Switch platform. Switch Node owners should not expect to recognize any value from Switch Rewards other than its utility on the Switch platform. Switch Reward Card does not anticipate correlation between Switch Rewards’ value and Switch Reward Card’s business activities.

The Switch Reward Card prepaid Global Infinity Visa Card is issued by Financia Credit and operated by ViaCarte Inc. pursuant a license from Visa International. Switch Reward Card provides financial services and is not a bank. Banking services including USD deposits are provided by Cross River Bank.

SWITCH REWARD CARD RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS, AND MAY RESTRICT OR REFUSE, IN ITS DISCRETION, THE PROVISION OF SWITCH SERVICES IN CERTAIN COUNTRIES OR REGIONS.

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